Capstone Charitable Foundation

Analysis

Capstone Charitable Foundation is a registered charity in United States, based in Cedar Park, TX. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Capstone Charitable Foundation reported income of $133k and spending of $142k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $178k to $133k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Capstone Charitable Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include Pickles and Popsicles ($133k), The Hangar ($133k) and Beyond the Natural Inc ($133k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.